'You’re in for a shock!' Campbell SHUT DOWN as he struggles to give up hope on second vote

ARCH-Remainer Alistair Campbell insisted Britons need to vote on Brexit again at the end of the negotiations trashing claims a second referendum would be undemocratic, but LBC radio host Iain Dale delivered the perfect response to him.

Speaking on LBC radio, the prominent Remainer claimed he found it "weird and bizarre" that Brexiteers doom a second Brexit referendum as undemocratic.

He argued asking for Briton's will on the final deal reached between Theresa May and Brussels would be a "sensible political process".

He said: “The whole point about the People’s Vote campaign is to be trying to persuade the public - and of course MPs because without MPs nothing changes on this - that so much is now known that we didn't know.

“So many of the broken promises have been exposed as such and the public have the right the have the final say on whether this is the Brexit that they voted for.

“Whether this isn’t actually what they intended, what the British public wanted.

“And I do detect a real shift on that.

Brexit news: Alastair Campbell claims a second referendum is not undemocratic (Image: GETTY)

“This idea that it’s anti-democratic ever to be asking the will of the people to be considered and to be reflected, I think is weird and bizarre.”

He added: “I tried to persuade the Labour party in June 2016 that we should have an approach to bastardise along Blairites saying ‘tough on Brexit, tough on the causes of Brexit’.

“And I do think that the causes of Brexit are not really being addressed because the Government is so consumed by the negotiations process.”

But LBC's Iain Dale promptly pointed out: “I would argue that you aren’t addressing the causes of Brexit either because if you think of getting a lot of sections of society back on side by ignoring a democratic vote, then I think that you’re in for a shock.”

The former spin doctor for Tony Blair replied: “Possibly, that may be true. But I don’t think that I’m ignoring it at all.

“I’m simply saying, you see, what you’re trying to do is to say that this would be like a re-run of the debate of two years ago.

“This would be a referendum on the deal that she finally concludes and whether people accept that.

This idea that it’s anti-democratic ever to be asking the will of the people to be considered is weird

Alastair Campbell

“And if you think about it, that is a sensible, political process.

“If we had a sensible politics in our country at the moment, which we don’t.

“We have, as you say, polarised debates, tribalism, people shouting at each other.

“I accept I’m one side of the argument, but my point is we have to be honest with people that this brevet that is now being driven by the right wing of the Conservative party in particular, is not going to address these issues that many people are angry about.

“It’s not going to address their economic and social need, and I think we have to be honest about that.”

On Friday, Governor Mark Carney warned the Bank of England has run a stress test on the what the UK financial system could withstand and it included a dramatic drop in house prices.

He said: “The financial system will be ready for the undesirable and still unlikely possibility.

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“We ran the system through a stress test which had real estate prices going down by more than a third, house prices and commercial real estate, interest rates going up by almost four percentage points, unemployment going to nine percent and the economy going into a four percent recession.”

He reiterated that this was not a prediction of what could happen if there was no Brexit deal, but to provide an idea of what the system could withstand.

The Bank of England Governor added: "We have been planning for very difficult circumstances and the banks are ready.

"When you adjust for the stimulus we've given, the stimulus the Government has given and the strength of the global economy, it's about 1.75 or two percentage points lower than it otherwise would have been - that's our projection on projection estimate. That is a big difference.

"So we've gone from the fastest to the slowest growing in the G7, we've had a big shift in sterling - 17 percentage points - and we went through the latter half of 2016 and last year with a real pay squeeze on British households, which we're just getting out of."